A Synergistic Approach to Process Innovation

A. I. Anosike, Ming K. Lim

    Research output: Contribution to journalArticlepeer-review

    34 Downloads (Pure)

    Abstract

    With the continuing globalisation of the economy comes increasing number of competitors. Consequently, products lifecycles has continued to fall as companies strive to out-manoeuvre one another by introducing product and service innovations to meet the needs of increasingly choosy customers. This has created a business environment where change has become widespread and persistent. As processes are the engines that power organisations to deliver the values required by customers, it becomes imperative that to have competitive edge, or even survive in this sort of business environment, these processes need to be not only adaptable to the changes but also be capable of inducing the changes that would benefit the organisations. To investigate the feasibility of adaptable and change inducing processes, the research presented in this paper explores the synergies amongst three techniques for problems solving and process improvement: Theory of Inventive Problem Solving, which is more commonly known by its Russian acronym, TRIZ; Theory of Constraints (TOC); and Lean Manufacturing.
    Original languageEnglish
    Pages (from-to)33-54
    JournalInternational Journal of Knowledge, Innovation and Entrepreneurship
    Volume2
    Issue number1
    Publication statusPublished - 2014

    Bibliographical note

    The full text is also available from: http://www.ijkie.org/IJKIE_March2014_ANOSIKE&LIM.pdf

    Keywords

    • Theory of Constraints
    • TRIZ
    • Systematic Innovation
    • Process innovation

    Fingerprint

    Dive into the research topics of 'A Synergistic Approach to Process Innovation'. Together they form a unique fingerprint.

    Cite this